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Listing provided courtesy of Brokerworks GroupNorthwest Indiana MLSas Distributed by MLSGrid- MLS# 839608MLS Provider

304 Polk StreetGary, IN 46402

Multi-Family · 6 Beds · 3 Full Baths · 0.06 Acres
$80,000 Active

304 Polk Street Overview

Time on Site:
33 days
Visits:
0

Brick 3-unit investment opportunity with strong upside potential! This multi-family property offers spacious units and solid brick construction, making it an ideal value-add project for investors, rehabbers, or landlords looking to expand their portfolio. Property needs repairs and updates but has excellent income-producing potential once renovated. Conveniently located near major highways, shopping, schools, and public transportation. Property is being sold As-Is. Cash or renovation financing recommended. Great opportunity to restore and build equity!

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304 Polk Street Facts & Features

  • Type Multi-Family
  • Lot 0.06 Acres

Details

General

Building Information

  • New Construction: false
  • Year Built: 1924

Location/Region

  • County Or Parish: Lake
  • Subdivision Name: Gary Land Companys 01
  • Township: Calumet

Rent/Lease Information

  • Lease Considered: false
  • Rent Includes: Other

Tax Information

  • Tax Annual Amount: 356
  • Tax Assessed Value: 14200
  • Tax Year: 2024

General Information

  • Listing Terms: Cash
  • Parcel Number: 450804177017000004
  • Pets Allowed: Cats OK,Dogs OK
  • Property Condition: Fixer
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Special Listing Conditions: None

Interior

Parking Information

  • Garage Spaces: 2
  • Garage: true

Beds/Baths

  • Bathrooms Full: 3
  • Bathrooms Half: 0
  • Bathrooms Three Quarter: 0
  • Bathrooms Total: 3
  • Bedrooms Total: 6

Building Interior

  • Above Grade Finished Area: 3746

General Information

  • Appliances: None
  • Fireplace: false
  • Heating: None
  • Interior Features: None
  • Laundry Features: Lower Level
  • Levels: Tri-Level
  • Living Area Source: Assessor

Exterior

Parking Information

  • Parking Features: On Street,Off Street

Lot Information

  • Lot Features: Back Yard,Front Yard
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 2666
  • Water Source: Public

Waterfront/View

  • Waterfront: false

General Information

  • Sewer: Public Sewer

304 Polk Street Neighborhood

Community

46402 (GARY) Demographics

34
Median Age
1,714
Population Density (per sq. mile)
15%
College Educated
$23,630
Estimated Median Income
1,179
Estimated Total Home Owners
1,469
Estimated Total Renters
45% / 55%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

304 Polk Street Monthly Cost

$
$ %
%
$
$
Jim Luxem Jr
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

304 Polk Street Market Data

Based on the last 30 days in this zip code

$108,955
Average List Price
$64
Average Price per Square Foot
9
Properties Sold
90
Average Days on Market
28
Properties for Sale
Calculations provided by Reliance Network

304 Polk Street History

Date Event Value Agent
5/27/2026Source: Northwest Indiana MLS Added to Database
May 27, 2026